Lehman Brothers has hired Zayong Koo from Deutsche Securities Korea to be a senior equity analyst and senior vice president. He will be based in Seoul and will cover the automobile, auto parts, utilities and steel sectors.

While at Deutsche Securities, Koo covered the same sectors. Prior to Deutsche he worked for ING Barings, also in Seoul, Dresdner Kleinwort Benson in Hong Kong and CSFB in Hong Kong and New York.

"Zayong is a highly accomplished analyst and brings with him extensive industry knowledge," saysWilliam McGrath, head of Asia Pacific equity research at Lehman. In 2002 Koo was ranked fifth in the utilities sector in the annual Reuters Asian equity analyst rankings.